Lehman Trustee Settles With Japanese Units
LBI trustee James Giddens and several Japanese Lehman subsidiaries have reached a proposed accord that resolve competing claims stemming from the historic 2008 Lehman bankruptcy, Giddens said in a filing with Manhattan’s bankruptcy court seeking approval for the deal. The deal requires a U.S. bankruptcy court judge’s okay.
LBI was Lehman Brothers Holdings Inc.’s brokerage. Lehman’s Japanese entities had asserted...
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